Finance Manager
Job Summary
Daikin Holdings Singapore is seeking a Finance Manager to assist in managing and overseeing finance and accounting operations, including monthly management reports and consolidated financial statements. The ideal candidate will hold a Bachelor's Degree in Accountancy or equivalent with a minimum of 8 years of relevant experience in a finance or accounting leadership role. Responsibilities also involve ensuring tax compliance, managing budgets, and implementing process improvements.
Responsibilities
- Manage finance and accounting operations
- Prepare consolidated financial statements and management reports
- Ensure tax, GST, and statutory compliance
- Develop internal controls and financial policies
Required Skills
- Bachelor's Degree in Accountancy or CA/ACCA
- Minimum 8 years of finance leadership experience
- Knowledge of SFRS and IRAS regulations
- Proficiency in SAP Hana and Microsoft Excel
Job Details
Key Accountabilities:
- Assist in managing and overseeing finance and accounting operations, providing guidance to the finance team on daily operations and accounting functions
- Prepare, review and analyse monthly management reports to ensure the accuracy and timeliness of financial and management reporting to both management and HQ, and recommend improvements where necessary
- Prepare consolidated financial statements (Income Statement, Balance Sheet, Cash Flow) on a monthly, quarterly, and annual basis, ensuring proper elimination of intercompany transactions and adjustments during the consolidation process
- Review and ensure accuracy of GST, corporate tax, withholding tax, and other statutory and legal reporting requirements
- Prepare, analyse, and monitor budgets and forecasts, providing insights and recommendations to management
- Liaise with internal and external auditors, government authorities, bankers, etc. to ensure smooth and compliant financial operations
- Develop policies and internal controls for all finance and credit-related processes and procedures, ensuring compliance with company policies, international accounting standards, HQ accounting policies and J-Sox regulations
- Stay up-to-date on key changes in accounting standards, GST, and tax regulations, provide regular updates to the finance team and implement relevant policy changes
- Review and analyse project costing, financial ratios, and their implications, recommending countermeasures and cost improvement as necessary
- Review, recommend, and implement process improvements and digitalization initiatives to enhance operational efficiency
- Participate in special financial projects as required by management
- Perform any other duties as assigned by your superior
Pre-requisites:
- Bachelor's Degree in Accountancy, CA, ACCA, or equivalent professional qualifications
- Minimum 8 years of relevant experience in a similar finance/accounting leadership role, including team management and supervisory responsibilities
- Proven ability to handle full sets of accounts independently and accurately
- Strong hands-on experience in preparing, reviewing, and filing GST returns, with thorough knowledge of IRAS compliance requirements
- Sound understanding of Singapore Financial Reporting standards (SFRS), the Companies ACT, and relevant IRAS regulations
- Proficient in Microsoft Excel and Word, with practical experience in SAP Hana and SAP concur
- Strong analytical, problem-solving, and organizational skills, with keen attention to details
- Able to work independently, prioritize effectively, and manage multiple deadlines in a fast-paced environment
- Excellent leadership, interpersonal, communication, and stakeholder management skills